Finance agency MassDevelopment has approved a US$2 million loan to Berkshire Sterile Manufacturing Inc. (BSM) for the expansion of the company's sterile manufacturing facility located in Lee, Massachusetts.
BSM will use the funds to expand its current cleanroom and warehouse facilities, acquire additional sterile manufacturing equipment and construct new visual inspection and final drug packaging suites. The Company will also be expanding its analytical services capabilities with the purchase of other test equipment and stability chambers.
"We are extremely grateful for the partnership with MassDevelopment allowing BSM to grow with low-interest loans. As BSM continues to expand our product and service offerings, we will bring more career opportunities to the Berkshires," said CEO Shawn Kinney, PhD.
Berkshire Sterile is recognised as a state-of-the-art fill/finish contract manufacturer providing formulation and sterile filling as well as analytical development and stability services to the biotech and pharmaceutical industries.
All sterile filling operations at BSM are performed utilising isolator-based technology.
BSM also offers terminal steam sterilization of syringes, speciality filling and lyophilization of vials and syringes including dual chamber liquid/liquid and liquid/lyo configurations.